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Mumbai

Property sales in Mumbai witnessing a negative growth

Property sales in Mumbai witnessing a negative growth
In the first two quarters of 2012, Mumbai, India’s financial capital has been witnessing a downward trend in property sales’ front. Even purchase and buying activity is not going good either. From January- May 2012, experts have said that people are looking for a more subtle way like fixed monthly lease rent than buying a [...] Continue Reading »

BMC’s pre monsoon work in water!

BMC’s pre monsoon work in water!
All the work done by Brihanmumbai Municipal Corporation (BMC) before the start of monsoon has been showing its real colours. With 15 minutes of rain, Andheri East residents saw the whole of area water logged and heavy showers are yet to come. It happened on the Andheri-Kurla road stretch. Till date, the areas has 20 [...] Continue Reading »

Demand for housing in Bandra Kurla Complex is increasing

Demand for housing in Bandra Kurla Complex is increasing
Next to Nariman Point and Fort, Bandra-Kurla Complex (BKC) has emerged as the biggest commercial hub in the last few years. As more office complexes are coming up in the place, demand for residential properties in Mumbai also increasing in the place. For Bandra Kurla Complex a master plan has been created that consists of [...] Continue Reading »

Landscapes add more value to real estate project

Landscapes add more value to real estate project
People living in apartments in metro cities now prefer to stay in a home with little greenery around. To honor the choice of the residents many new Age developers like Ireo, Tata Housing, Lodha Group, Puri Constructions, Sobha Developers, Ashiana Housing, DB Realty, and 3C Company are now laying special emphasis on spacious and lush [...] Continue Reading »

Unsold luxury apartments in Mumbai are increasing in number

Unsold luxury apartments in Mumbai are increasing in number
It is reported that more than half of Mumbai’s luxury apartments, both developed and under construction, remain unsold. It is found that more than 3300 luxury apartments were developed in Mumbai and priced in a range of Rs 10 crore to 100 crore. The regulatory uncertainty, surging prices and supply glut had prompted the super-rich [...] Continue Reading »

Expensive apartment deals in Mumbai real estate

Expensive apartment deals in Mumbai real estate
In present economic scenario, the real estate in India is struggling to get its pace. But Mumbai real estate has once again recorded the most expensive apartment deal in the country. A 28th-floor flat in Tahnee Heights, a residential skyscraper on Nepean Sea Road in south Mumbai, has sold at Rs 1.20 lakh a square [...] Continue Reading »

Napean Sea apartment in Mumbai sold for Rs 39 crore

Napean Sea apartment in Mumbai sold for Rs 39 crore
A sea-facing Napean Sea apartment has been sold for Rs 39 crore to Jindals. This real estate transaction is a record in Mumbai realty sector. The 35-storied Tanhee Heights is one of the plushest residential buildings in south Mumbai. It has a swimming pool, a fitness centre, a club house and a community centre. This [...] Continue Reading »

Cost of apartment owned in MHADA lottery has increased

Cost of apartment owned in MHADA lottery has increased
The Maharashtra Housing and Area Development Authority (MHADA) suddenly increased the cost of the apartments for the 2,460 winners of last year’s lottery. The housing board recently decided to increase the cost of its 700 sq ft high income group (HIG) apartments in Powai by Rs 15 lakh and the 300 sq ft low income [...] Continue Reading »

Has Salman Khan’s new apartment in Mumbai violated building laws?

Has Salman Khan’s new apartment in Mumbai violated building laws?
Film Actor Salman Khan has purchased a 1080 sq ft under construction apartment in Mumbai for Rs 20 crore. This is about Rs 1.8 lakh per sq ft. The apartment is constructed by the Samudra Developers in Bandra. According to the activists Salman had paid more money than the market rate of properties In Bandra. [...] Continue Reading »

Mumbai residents care for birds!

Mumbai residents care for birds!
A resident in an apartment in Mumbai every morning make it a point to fill a container with grains to feed the flocking sparrows on her apartment’s balcony. The resident is a homemaker has this habit of feeding birds as she loves them. Another resident in the sixth floor of the same apartment named Ankita [...] Continue Reading »



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